The International Finance Corporation (IFC) – a member of the World Bank Group – will provide another US$40 million for the Orient Commercial Bank (OCB) to help with the support of COVID-hit clients, especially small and medium enterprises (SMEs).
VOV.VN - The Ministry of Industry and Trade (MoIT), in conjunction with the International Finance Corporation (IFC) of the World Bank Group, with funding from the Australian Department of Foreign Affairs and Trade, and the Swiss State Secretariat for Economic Affairs, debuted a database system on June 19 that features the nation’s manufacturing and supporting industries.
The Vietnam Improvement Program has helped 82 garment-textile and footwear factories in Vietnam invest 37 million USD in efficient use of resources, thus saving 30 million USD per year, according to the International Finance Corporation (IFC).
A stronger focus on the quality of the foreign investment inflow is even more urgent when its links with and the spillover effects on domestic industry fall short of expectations.
The International Finance Corporation (IFC) and Tien Phong Commercial Joint Stock Bank (TPBank) have inked a deal under which the IFC will provide a syndicated loan of US$100 million to help TPBank extend long-term funding to mirco-, small- and medium-sized enterprises (MSMEs), and individual borrowers through digital delivery channels.
Ho Chi Minh City pays attention to a project assessing its international credit confidence and hopes that it will help raise the city’s position and prestige and expand financial resources to serve its development.
The financial sector is ranked first in priority of investment in Vietnam for the World Bank Group’s private investment arm IFC in 2018, according to Kyle Kelhofer, IFC country manager for Vietnam, Cambodia, and Laos.
International Finance Corporation and its partners will offer US$185 million of assistance to Vietnam International Bank.
The Vietnamese financial market will witness the start of numerous agricultural credit products as the International Finance Corporation (IFC), a member of the World Bank Group, rolls out a handbook to develop credit packages for farmers and enterprises.